Financial Services

Financial management services are provided by SETECH (Service Enhancement Technologies), an independent division of Keenan & Associates. SETECH is comprised of a group of experienced personnel, which include Certified Public Accountants (CPA), Chartered Property Casualty Underwriters (CPCU), Associates in Risk Management (ARM), and accountants with over 20 years of expertise in financial accounting and reporting for the insurance activities of public entities.

SETECH Provides SCR with the Following Services

  • Implementation of Financial Management Information and Accounting Systems
  • Financial Management Information Report
  • Treasurer's Function
  • Preparation of Annual Budget
  • Preparation and filing of required State Reports
    • State Controllers Report
    • Department of Insurance
    • Benefits Filing
  • Legislative, FASB and GASB updates
  • Cash Management
  • Review of Actuarial Reports
  • Tracking membership with each of the pool's program years on a "stand alone basis"
  • Providing the pool members with the information needed to monitor each program year as well as the overall financial picture
  • Providing information that becomes the basis for budgeting, forecasting and assessing risk management and fiscal commitments.